News

  • Crogga to appraise offshore Isle of Man gas potential

    The government of the Isle of Man has appointed local E&P company Crogga to appraise and produce gas resources in waters offshore Maughold Head on the island’s east coast.   Crogga will reportedly operate a 266-square kilometre (103-square mile) licence in block 112/25 over an…

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  • Premier Oil, Dril-Quip in Sea Lion subsea equipment FEED

    London-listed oil company Premier Oil has firmed up its previously announced intention to order subsea production systems for its Sea Lion development in the Falkland Islands from Dril-Quip.   The company has entered into a Front End Engineering and Design (FEED) contract and frame agreement…

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  • Ophir Energy set to drill exploration well offshore Indonesia

    London-listed Ophir Energy has begun operations on the Paus Biru-1 exploration well in the Sampang PSC offshore Indonesia.   The Sampang PSC is operated by Ophir Energy’s subsidiary Santos Sampang Pty Ltd with a 45% interest. The partners are Singapore Petroleum Sampang Ltd with 40%…

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  • Russia Is Said to Offer Exxon New Projects

    Russia has begun discussions with Exxon Mobil Corporation on possible new oil and gas projects, potentially creating a dilemma as the US government mulls more sanctions against the country.   The talks could lead to increased cooperation between the US energy giant and state-run Rosneft…

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  • Turkish Petroleum hires Schlumberger for offshore drilling support

    Turkish national oil company Turkish Petroleum (Türkiye Petrolleri AO or TPAO)  has hired Schlumberger, the world’s largest oilfield services firm, to help it with offshore drilling in the Mediterranean Sea.   Schlumberger shared the piece of information in its quarterly report on the 19th October….

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  • Green light for Zennor’s Finlaggan field development

    UK independent Zennor Petroleum has received approval from UK’s Oil & Gas Authority (OGA) to proceed with the Finlaggan field development in the UK Central North Sea (block 21/05c).   Zennor owns a 100% of the Finlaggan field. The development project to recover 26mmboe of 2P gas…

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  • UKOG declares Horse Hill Portland oil field commercially viable

    UK Oil & Gas (UKOG) has announced that Horse Hill Developments (‘HHDL’), a UKOG subsidiary company and the operator of the HH-1 Kimmeridge Limestone and conventional Portland Sandstone oil discovery, has informed the company that, following the successful Portland Extended Well Test (‘EWT’) programme, it…

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